Full-Time

Senior Backend Engineer

Posted on 3/4/2025

Prime

Prime

11-50 employees

Embedded lending and capital for SMBs

No salary listed

San Francisco, CA, USA + 1 more

More locations: New York, NY, USA

Hybrid

Quarterly on-site collaboration sessions in Bay Area or NYC; travel expenses covered.

Category
Software Engineering (1)
Required Skills
Python
Apache Spark
SQL
AWS
REST APIs
Flask
Requirements
  • 5+ years of professional software engineering experience
  • Excellent communicator
  • Ability to work independently with a large degree of ownership
  • Intrinsically motivated by technology
  • Experience with Python/Flask, AWS, API Development, Spark, SQL
  • The motivation and flexibility to work well in a high-growth & dynamic environment
Responsibilities
  • Drive the software development of our customer facing applications
  • Write high quality, maintainable and scalable code.
  • Identify and troubleshoot issues.
  • Instrumentation of experiment driven designs.
  • Influence and develop our coding standards and best practices.
  • Work closely with other engineers and dev ops to continuously improve our productivity.
  • Continuously improve our data model as our product evolves
Desired Qualifications
  • Start up and fintech experience a huge plus

PrimeFT provides embedded financial solutions to small businesses, offering capital and lending infrastructure that integrates directly into the platforms small businesses already use. Its product works by embedding financing options through frontend widgets, white-label lending portals, or custom API workflows, and by managing the full lifecycle of lending operations for partners. The company uses data science and AI to assess credit risk, enabling precise pre-qualification and underwriting decisions. PrimeFT differentiates itself by acting as an integration layer that supports multiple financing products (expansion capital, inventory financing, invoice financing, term loans, and working capital) and by enabling partners to monetize funding connections through revenue earned whenever a customer on a partner platform secures funding. Its goal is to help small businesses grow and increase their value by providing seamless, tailored financing while giving partners a new revenue stream.

Company Size

11-50

Company Stage

Seed

Total Funding

$49M

Headquarters

New York City, New York

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • $49M seed funding from NEA, Third Point Ventures, Capital One validates embedded SMB lending.
  • Addresses market gap: real loans at competitive rates to creditworthy SMBs banks overlook.
  • AI-driven credit engine increases approval rates while reducing default risk through data science.

What critics are saying

  • Stripe, Square, PayPal launching native lending directly competes with PrimeFT's white-label model.
  • Community banks reducing fintech reliance amid regulatory scrutiny shrinks PrimeFT's partner network.
  • AI credit models underestimate defaults in downturns; loss rates spike during 2026-2027 recession.

What makes Prime unique

  • Spun from Enigma's data infrastructure, enabling real-time underwriting using enriched transactional data.
  • Full-stack lending lifecycle management from origination through securitization for community banks.
  • Flexible integration models: white-label portals, embedded widgets, or custom API orchestration.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Remote Work Options

Parental Leave

Professional Development Budget

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

0%

2 year growth

14%
Third Point Ventures
Feb 1st, 2024
Prime Financial Technologies - Third Point Ventures

Data Science Powered SMB Lender. See how Third Point was involved.

INACTIVE